RBC International Equity Currency Neutral Fund

You are on: FUND INDIVIDUAL page

Select Series:
Select Another Fund:

Dominic Wallington

Profile >

Mayur Nallamala

Profile >

Investment Objective

To provide long-term capital growth. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in equity securities of companies outside of North America while minimizing the exposure to currency fluctuations between foreign currencies and the Canadian dollar. The fund aims to provide exposure to economies that offer different business cycles and growth opportunities than North American markets.

Fund Details

Series: D
Fund Code: RBF1068
Load Structure: No Load
Currency: CAD
Inception Date: Apr, 2014
Series D NAV $: 13.28
Series D MER %: 1.28
Benchmark:
  • MSCI EAFE Total Return Net Index (C$)


  • Income Distribution: Annually
    Capital Gains Distribution: Annually
    Sales Status: Open
    Minimum Investment $: 500
    Subsequent Investment $: 25

    Notes:

    Resources


    Performance Analysis as of  May 31, 2018

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    Unilever PLC 3.6
    RELX NV 3.2
    Royal Dutch Shell PLC Class A 3.1
    Novo Nordisk A/S B 2.9
    CSL Ltd 2.8
    Diageo PLC 2.4
    London Stock Exchange Group PLC 2.4
    SoftBank Group Corp 2.3
    Heineken NV 2.2
    Ryanair Holdings PLC ADR 2.1
    % Assets
    Total % of Top Ten Holdings 27.1
    Total Number of Stock Holdings 76
    Total Number of Bond Holdings 0
    Total Number of Other Holdings 1
    Total Number of Holdings 77
    Equity Style
    Statistics
    P/B Ratio 2.1
    P/E Ratio 16.8
    Avg. Mkt Cap. $Bil 46.3
    Top Geographic Allocations
    % Assets
    United Kingdom 27.3
    Eurozone 25.9
    Japan 17.6
    Europe (Ex Eurozone) 12.3
    Australia 6.3
    Asia (Emerging) 5.2
    Asia (Developed) 3.0
    Canada 1.4
    United States 0.9
    Global Equity Sectors
    % Equity
    Financials 17.5
    Consumer Discretionary 17.3
    Industrials 15.2
    Health Care 14.4
    Consumer Staples 12.6
    Information Technology 10.7
    Materials 6.0
    Energy 4.0
    Telecommunications Services 2.3

    Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.